LINK - Strong Like A Castle 🏰

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

LINK has been stuck inside a big range for a couple of months now.

At least it hasn't melted like many altcoins during the bear run.

🏹 For the bulls to take over long-term, we need a break above the entire range / above 9.5

Meanwhile, since we are approaching the lower bound of the range, we will be looking for short-term buy setups.

📉 From a medium-term perspective, LINK is overall bullish trading inside the flat rising channel in red.

Moreover, the orange zone 6.5 is a strong support.

🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the orange support and lower red trendline. (acting as non-horizontal support)

As per my trading style:
As LINK approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich